14.2 Retirement

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When an employee meets the conditions set forth by his respective retirement plan (Florida Retirement System, City of Melbourne General Pension, Police Pension, or Fire Pension), the employee may elect to retire and receive all benefits earned under the retirement plan.

Upon separation, the City may offer continued participation in health and life insurance benefits to eligible retirees. If available, participation is contingent upon actual retirement (drawing a pension) under one of the plans designated above. Entering a Deferred Retirement Option Plan (DROP) or waiting to draw a pension at a later date does not qualify an employee for the benefits offered to those employees who will be drawing an immediate retirement benefit. Retirees who elect to discontinue their medical, vision and life insurance benefits coverage upon retirement, or at any time following will not be eligible, to re-enroll in the City offered benefit plan(s) listed above at a later date.

Should a retired City employee become re-employed with the City and enroll in employee benefits, the employee will once again be eligible for the retiree benefits upon separation. 

When an employee provides notice of retirement, the Department will promptly notify Human Resources via email and follow the Retirement Presentation Procedure.